Wearable Technology Market Analysis North America, APAC, Europe, South America, Middle East and Africa - US, Canada, China, Japan, Germany - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 184 SKU: IRTNTR40925

Wearable Technology Market Forecast 2023-2027 

The wearable technology market size is estimated to grow by USD 62.81 billion at a CAGR of 14.8% between 2022 and 2027. The growth of the market depends on several factors such as the popularity of wearable devices as a payment method, the growing digitization of the global economy, and the development of miniaturized electronic components. 

This market trends and analysis report extensively covers market segmentation by product (wrist-wear, eyewear and headwear, footwear, neckwear, and others), application (consumer electronics, healthcare, enterprise and industrial, entertainment, and others), and geography (North America, APAC, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the market growth analysis report includes historic market data from 2017 to 2021.

Overview of the Wearable Technology Market

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Market Trends and Growth: Key Drivers, Trends and Challenges

Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Driver

The growing digitization of the global economy is the key driver for the growth of the market. Emerging economies in regions such as APAC and MEA are seeing a significant increase in digitalization, due to increasing internet penetration rates, and a growing mobile subscriber base. The number of IoT devices is increasing and a number of smart city projects are underway. With the increasing integration of advanced gadgets, such as contactless payments, AI, and virtual reality, into electronic devices, the use of electronic devices is expected to increase. 

Furthermore, the growth of the mobile application ecosystem has increased the preference for portable and electronic devices. As the market is witnessing an increase in the number of wearable-compatible applications, the adoption of technology devices is expected to increase, thus driving the growth of the wearables market during the forecast period. 

Key Trends

The increasing number of strategic partnerships and M and A activities is the primary trend in the market. The market is still in its infancy. Market players form strategic partnerships with market participants and acquire other companies that provide technology. These partnerships and M&A enable suppliers to develop innovative products by leveraging the technology and technical expertise of market participants.

Moreover, such activities lead to the development of a ecosystem, which will increase the adoption of wearable technology. For instance, in January 2021, Alphabet Inc. (Google) acquired certain smartwatch technology intellectual property from Fossil Group Inc. for USD 40 million. The growing number of partnerships and M&A activities among market participants is expected to fuel the market growth and trends during the forecast period. 

Future Outlook for the Wearables Market

The future outlook for the wearable market is poised for significant advancements, driven by innovations from key players like Fitbit Inc. The increasing global interest in fitness trackers, coupled with a growing population embracing a wellness-centric lifestyle, presents a substantial opportunity for the wearables industry. Clothing with integrated displays, VR capabilities, and smart devices are reshaping the market landscape. As South Korea emerges as a hub for technological innovation, questions about the competition among industries intensify. Wearable technology extends beyond fitness, influencing daily convenience through apps that seamlessly integrate into people's lifestyles, symbolizing a dynamic and evolving market industry worldwide.

Challenges and Opportunities in the Market

Unattractive designs of devices are the challenge that affects the growth of the market. Electronics reflect the fashion style of the user. Several electronics manufacturers focus on technology rather than device design. The trend of integrating multiple electronic devices into portable electronic devices to add more functions leads to design limitations. Factors such as weight, thickness, battery life, performance, corrective lenses, eye position, and connectivity are all considered when designing smart glasses.

Furthermore, Bluetooth-enabled smart rings are bulkier than NFC-enabled smart rings because they contain more microelectronic modules and need to be paired with a smartphone. Due to the use of a Bluetooth chipset that requires power, these rings must contain batteries, making them even less compact. The unattractive design of some devices, such as smart glasses, could negatively affect the development of technology which will impede the growth of the market during the forecast period. 

Customer Landscape

The market research and growth report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market growth and forecasting report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Customer Landscape

Key Players in the Wearable Technology Industry

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Xiaomi Communications Co. Ltd.: The company offers products such as Redmi watch 3 active, Xiaomi buds 3, and Xiaomi smart band 7 NFC.

The market forecasting report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • Alphabet Inc.
  • Apple Inc.
  • ASUSTeK Computer Inc.
  • BAE Systems Plc
  • CINOPTICS
  • Citizen Watch Co. Ltd.
  • Elbit Systems Ltd.
  • Fossil Group Inc.
  • Garmin Ltd.
  • Huawei Technologies Co. Ltd.
  • Kopin Corp.
  • Lenovo Group Ltd.
  • LG Electronics Inc.
  • Magic Leap Inc.
  • Polar Electro Oy
  • Samsung Electronics Co. Ltd.
  • Sony Group Corp.
  • Tex Ray Industrial Co. Ltd.
  • Vuzix Corp.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Largest-Growing Segments in the Market?

The wrist-wear segment is estimated to witness significant growth during the forecast period. Wrist-wear devices include smartwatches and smart bands. A smartwatch is a digital device that provides many features, such as making calls and sending messages, health monitoring by tracking steps taken, calories burned, and heart rate, and tracking sleep patterns. It provides customers with quick access to a variety of applications on their smartphones.

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The wrist-wear segment was the largest segment and was valued at USD 10.58 billion in 2017A smart band is a wearable device that can be used to monitor a user's fitness, heart rate, sleep statistics, and calorie control in real-time, as well as provide health information. These bands contain miniature electronic components, such as microchips and sensors, that collect information, record activity, and transmit and transform that information in real-time. Consumer awareness of health and fitness is increasing demand for smart wearables. Thus, such applications of smart bands and smartwatches will fuel the growth of the segment and the market during the forecast period. 

Which are the Key Regions for the Market?

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North America is estimated to contribute 41% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Increasing consumer adoption of new technologies is driving market growth in the region. The presence of some of the biggest crowdfunding platforms, such as Kickstarter and Indiegogo, helps startups raise funds to develop innovative wearables in the region.

Furthermore, the region is home to a number of local and international players offering wearable devices. Apple, Fitbit, Microsoft, Google, and Vuzix are some of the major wearable electronics players operating in the North American market. The region benefits from the sale of products made available to US customers for the first time. End users, such as consumers and businesses, are always eager to try new technologies. Therefore, the market in North America is expected to experience a high growth rate during the forecast period. 

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Product Outlook (USD Billion, 2017 - 2027)
    • Wrist-wear
    • Eyewear and headwear
    • Footwear
    • Neckwear
    • Others
  • Application Outlook (USD Billion, 2017 - 2027)
    • Consumer electronics
    • Healthcare
    • Enterprise and industrial
    • Entertainment
    • Others
  • Region Outlook (USD Billion, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • APAC
      • Chile 
      • Brazil 
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Wearable Technology Market Scope

Report Coverage

Details

Page number

184

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 14.8%

Market growth 2023-2027

USD 62.81 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

13.27

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 41%

Key countries

US, Canada, China, Japan, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Alphabet Inc., Apple Inc., ASUSTeK Computer Inc., BAE Systems Plc, CINOPTICS, Citizen Watch Co. Ltd., Elbit Systems Ltd., Fossil Group Inc., Garmin Ltd., Huawei Technologies Co. Ltd., Kopin Corp., Lenovo Group Ltd., LG Electronics Inc., Magic Leap Inc., Polar Electro Oy, Samsung Electronics Co. Ltd., Sony Group Corp., Tex Ray Industrial Co. Ltd., Vuzix Corp., and Xiaomi Communications Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market across North America, APAC, Europe, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global wearable technology market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global wearable technology market 2017 - 2021 ($ billion)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ billion)
    • 4.3 Application Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Wrist-wear - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Wrist-wear - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Wrist-wear - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Wrist-wear - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Wrist-wear - Year-over-year growth 2022-2027 (%)
    • 6.4 Eyewear and headwear - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Eyewear and headwear - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Eyewear and headwear - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Eyewear and headwear - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Eyewear and headwear - Year-over-year growth 2022-2027 (%)
    • 6.5 Footwear - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Footwear - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 43: Data Table on Footwear - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 44: Chart on Footwear - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Footwear - Year-over-year growth 2022-2027 (%)
    • 6.6 Neckwear - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Neckwear - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 47: Data Table on Neckwear - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 48: Chart on Neckwear - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Neckwear - Year-over-year growth 2022-2027 (%)
    • 6.7 Others - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by Product
      • Exhibit 54: Market opportunity by Product ($ billion)
      • Exhibit 55: Data Table on Market opportunity by Product ($ billion)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 56: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 57: Data Table on Application - Market share 2022-2027 (%)
    • 7.2 Comparison by Application
      • Exhibit 58: Chart on Comparison by Application
      • Exhibit 59: Data Table on Comparison by Application
    • 7.3 Consumer electronics - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Consumer electronics - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 61: Data Table on Consumer electronics - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 62: Chart on Consumer electronics - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Consumer electronics - Year-over-year growth 2022-2027 (%)
    • 7.4 Healthcare - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Healthcare - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 65: Data Table on Healthcare - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 66: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
    • 7.5 Enterprise and industrial - Market size and forecast 2022-2027
      • Exhibit 68: Chart on Enterprise and industrial - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 69: Data Table on Enterprise and industrial - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 70: Chart on Enterprise and industrial - Year-over-year growth 2022-2027 (%)
      • Exhibit 71: Data Table on Enterprise and industrial - Year-over-year growth 2022-2027 (%)
    • 7.6 Entertainment - Market size and forecast 2022-2027
      • Exhibit 72: Chart on Entertainment - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 73: Data Table on Entertainment - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 74: Chart on Entertainment - Year-over-year growth 2022-2027 (%)
      • Exhibit 75: Data Table on Entertainment - Year-over-year growth 2022-2027 (%)
    • 7.7 Others - Market size and forecast 2022-2027
      • Exhibit 76: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 77: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 78: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 79: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.8 Market opportunity by Application
      • Exhibit 80: Market opportunity by Application ($ billion)
      • Exhibit 81: Data Table on Market opportunity by Application ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 82: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 83: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 84: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 85: Chart on Geographic comparison
      • Exhibit 86: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 87: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 89: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 APAC - Market size and forecast 2022-2027
      • Exhibit 91: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 93: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 96: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 97: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 99: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 100: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 101: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 104: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 105: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 107: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 108: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 109: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 111: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 112: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 113: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 115: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 116: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 117: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 118: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 Canada - Market size and forecast 2022-2027
      • Exhibit 119: Chart on Canada - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 120: Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 121: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 122: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.12 Germany - Market size and forecast 2022-2027
      • Exhibit 123: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 124: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 125: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 126: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 127: Market opportunity by geography ($ billion)
      • Exhibit 128: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 129: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 130: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 131: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 132: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 133: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 134: Matrix on vendor position and classification
            • 12.3 Alphabet Inc.
              • Exhibit 135: Alphabet Inc. - Overview
              • Exhibit 136: Alphabet Inc. - Business segments
              • Exhibit 137: Alphabet Inc. - Key news
              • Exhibit 138: Alphabet Inc. - Key offerings
              • Exhibit 139: Alphabet Inc. - Segment focus
            • 12.4 Apple Inc.
              • Exhibit 140: Apple Inc. - Overview
              • Exhibit 141: Apple Inc. - Business segments
              • Exhibit 142: Apple Inc. - Key news
              • Exhibit 143: Apple Inc. - Key offerings
              • Exhibit 144: Apple Inc. - Segment focus
            • 12.5 ASUSTeK Computer Inc.
              • Exhibit 145: ASUSTeK Computer Inc. - Overview
              • Exhibit 146: ASUSTeK Computer Inc. - Product / Service
              • Exhibit 147: ASUSTeK Computer Inc. - Key news
              • Exhibit 148: ASUSTeK Computer Inc. - Key offerings
            • 12.6 BAE Systems Plc
              • Exhibit 149: BAE Systems Plc - Overview
              • Exhibit 150: BAE Systems Plc - Business segments
              • Exhibit 151: BAE Systems Plc - Key offerings
              • Exhibit 152: BAE Systems Plc - Segment focus
            • 12.7 Citizen Watch Co. Ltd.
              • Exhibit 153: Citizen Watch Co. Ltd. - Overview
              • Exhibit 154: Citizen Watch Co. Ltd. - Business segments
              • Exhibit 155: Citizen Watch Co. Ltd. - Key offerings
              • Exhibit 156: Citizen Watch Co. Ltd. - Segment focus
            • 12.8 Fossil Group Inc.
              • Exhibit 157: Fossil Group Inc. - Overview
              • Exhibit 158: Fossil Group Inc. - Business segments
              • Exhibit 159: Fossil Group Inc. - Key offerings
              • Exhibit 160: Fossil Group Inc. - Segment focus
            • 12.9 Garmin Ltd.
              • Exhibit 161: Garmin Ltd. - Overview
              • Exhibit 162: Garmin Ltd. - Business segments
              • Exhibit 163: Garmin Ltd. - Key offerings
              • Exhibit 164: Garmin Ltd. - Segment focus
            • 12.10 Huawei Technologies Co. Ltd.
              • Exhibit 165: Huawei Technologies Co. Ltd. - Overview
              • Exhibit 166: Huawei Technologies Co. Ltd. - Business segments
              • Exhibit 167: Huawei Technologies Co. Ltd. - Key news
              • Exhibit 168: Huawei Technologies Co. Ltd. - Key offerings
              • Exhibit 169: Huawei Technologies Co. Ltd. - Segment focus
            • 12.11 Lenovo Group Ltd.
              • Exhibit 170: Lenovo Group Ltd. - Overview
              • Exhibit 171: Lenovo Group Ltd. - Business segments
              • Exhibit 172: Lenovo Group Ltd. - Key offerings
              • Exhibit 173: Lenovo Group Ltd. - Segment focus
            • 12.12 LG Electronics Inc.
              • Exhibit 174: LG Electronics Inc. - Overview
              • Exhibit 175: LG Electronics Inc. - Product / Service
              • Exhibit 176: LG Electronics Inc. - Key offerings
            • 12.13 Polar Electro Oy
              • Exhibit 177: Polar Electro Oy - Overview
              • Exhibit 178: Polar Electro Oy - Product / Service
              • Exhibit 179: Polar Electro Oy - Key offerings
            • 12.14 Samsung Electronics Co. Ltd.
              • Exhibit 180: Samsung Electronics Co. Ltd. - Overview
              • Exhibit 181: Samsung Electronics Co. Ltd. - Business segments
              • Exhibit 182: Samsung Electronics Co. Ltd. - Key news
              • Exhibit 183: Samsung Electronics Co. Ltd. - Key offerings
              • Exhibit 184: Samsung Electronics Co. Ltd. - Segment focus
            • 12.15 Sony Group Corp.
              • Exhibit 185: Sony Group Corp. - Overview
              • Exhibit 186: Sony Group Corp. - Business segments
              • Exhibit 187: Sony Group Corp. - Key news
              • Exhibit 188: Sony Group Corp. - Key offerings
              • Exhibit 189: Sony Group Corp. - Segment focus
            • 12.16 Vuzix Corp.
              • Exhibit 190: Vuzix Corp. - Overview
              • Exhibit 191: Vuzix Corp. - Product / Service
              • Exhibit 192: Vuzix Corp. - Key offerings
            • 12.17 Xiaomi Communications Co. Ltd.
              • Exhibit 193: Xiaomi Communications Co. Ltd. - Overview
              • Exhibit 194: Xiaomi Communications Co. Ltd. - Business segments
              • Exhibit 195: Xiaomi Communications Co. Ltd. - Key news
              • Exhibit 196: Xiaomi Communications Co. Ltd. - Key offerings
              • Exhibit 197: Xiaomi Communications Co. Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 198: Inclusions checklist
                • Exhibit 199: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 200: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 201: Research methodology
                • Exhibit 202: Validation techniques employed for market sizing
                • Exhibit 203: Information sources
              • 13.5 List of abbreviations
                • Exhibit 204: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              wearable technology market

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              • What are the key global market and the regional market share?
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              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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